Day 9. What should have been more positive news I thought and the market in London went down. Mind you it seems to be a general market direction.
Coincidence it may be, but as typical of HDR, with good news it goes down; with reasonable news, it goes down further and with bad news, it crashes.
IMHO, it looks like the market was not impressed with a Fund being a substantial shareholder, it was probably expecting someone in the industry like Exxon or CNNO etc. But that can still happen! I think this is only a start.
Have a good day everyone!
HDR Price at posting:
0.0¢ Sentiment: Hold Disclosure: Held